 Industrial Diversity, Trade Patterns, and Productivity ConvergenceRobert Stehrer and Julia Woerz () Review of Development Economics, 2009, vol. 13, issue 2, 356-372 Abstract: Recent developments in economic integration show rather diverse patterns of integration in the world economy. Some countries remain predominantly in the low‐tech industries whereas other countries succeed in becoming competitive in high‐tech industries as well. The authors postulate that a country positioning itself at the lower end of the spectrum of high‐tech industries is more favorable to its long‐term development than aiming at the upper end of low‐tech industries. They argue that countries which specialize in the lower end of the medium–high‐tech activities are rewarded by faster productivity increases also in the upper end of the high‐tech industries. In contrast, early specialization in medium–low‐tech branches yields positive spillovers, mainly in the low‐tech sector, which is not conducive to increasing activity in high‐tech industries. The authors sketch a theoretical outline of this idea and present econometric results, including four aggregate manufacturing branches across 37 countries. Date: 2009 Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:bla:rdevec:v:13:y:2009:i:2:p:356-372 Ordering information: This journal article can be ordered from Access Statistics for this article Review of Development Economics is currently edited by E. Kwan Choi More articles in Review of Development Economics from Wiley Blackwell |
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